Leo Varadkar, energy spokesman with Ireland’s largest opposition party, Fine Gael, said it’s his “expectation that” his party will “vote against” Ireland’s 85 billion-euro ($112 billion) international aid package on Dec. 15.
Ireland’s banks will pay about 800 million euros for the state banking guarantee in 2012, Tourism Minister Leo Varadkar said. In an interview with Dublin-based state broadcaster RTE, he said that while ideally the ECB would be the lender of last resort for banks, that’s currently not the case,
Ireland’s Minister for Transport and Tourism, Leo Varadkar , said the Irish government will invest more than 5 million euros to carry out “remedial works” at regional harbors in 2011, prior to their transfer from the Department of Transport back to local control, the Department of Transport and Tourism said in an e-mailed statement today. Eight of 13 regional harbours have already been transferred, and work is in progress to transfer the remaining five, the statement said.
Norwegian Air Shuttle AS said a planned long-haul discount network operating out of London risks being stymied by U.S. opponents who claim a push to trim costs by basing planes in Ireland undermines labor standards.